The "Sope Mame Diarra" group comprises six women, all of whom are married. They live in the same area and support each other in their income-generating activities, which consist essentially of selling fabric, clothing, sheets, and bracelets. They buy their goods together in the capital and divide up the merchandise according to each woman's capacity. They then present their goods to their customers, who pay them at the end of the month. This business is very useful to them because it allows them to meet their own needs and support their husbands in taking care of their households. The group leader, in a yellow headscarf, is the mother of four children, three of whom are girls and attend school. She sells children's clothing and earns an income that she uses to pay for the education of her daughters. In order to strengthen their working capital, the group is seeking a loan of 500,000 F to buy clothing, sheets, and "ganila" fabric. Their ambition is to expand their businesses.
Le groupe "SOPE MAME DIARRA " se compose de 6 femme toutes mariées.Elles habitent le meme quartier et s'appuient mutuellement dans leurs activités génératrices de revenus constituées essentiellement de la vente de tissus, de vétements, de draps et de bracelets.Elles achètent en commun dans la capitale et se partagent les marchandises en fonction de l'apport de chaque femme. Elles placent ensuite les articles auprès de leurs clientes qui les paient au bout d'un mois.Ce commerce leur est très utile car leur permettant de satisfaire leurs propres besoins et d'appuyer leurs époux dans la prise en charge des dépenses d'entretien des familles.Le chef de groupe, en foulard jaune , à droite, est mère de quatre enfants dont les trois filles qui vont à l'école.Elle vend des habits pour enfants et génére des revenus qu'elle utilise pour payer les frais de scolarité de ses filles. Afin de renforcer leur fonds de commerce, le groupe sollicite un pret de 500 000f pour acheter des vetements, des draps et des tissus "ganila" .Leur ambition est d'agrandir leurs activités.
This loan is administered by UIMCEC, a Kiva Field Partner in Senegal since 2008. UIMCEC is a government-regulated microfinance institution whose mission is to improve the revenue and well-being of families through access to financial services, allowing principally women and young adult micro-entrepreneurs living in rural and semi-rural areas to develop their revenue-generating businesses and supporting them in becoming financially self-sufficient.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.